A new trading day began on Friday, with Automatic Data Processing Inc (NASDAQ: ADP) stock price up 0.91% from the previous day of trading, before settling in for the closing price of $301.80. ADP’s price has ranged from $227.12 to $309.63 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 6.30%. Meanwhile, its annual earnings per share averaged 8.45%. With a float of $406.93 million, this company’s outstanding shares have now reached $407.70 million.
Let’s determine the extent of company efficiency that accounts for 64000 employees. In terms of profitability, gross margin is 46.87%, operating margin of 26.16%, and the pretax margin is 25.69%.
Automatic Data Processing Inc (ADP) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Automatic Data Processing Inc is 0.13%, while institutional ownership is 81.62%. The most recent insider transaction that took place on Nov 06 ’24, was worth 11,692,500. In this transaction Corp VP of this company sold 38,975 shares at a rate of $300.00, taking the stock ownership to the 32,604 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 38,975 for $300.00, making the entire transaction worth $11,692,500.
Automatic Data Processing Inc (ADP) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 8.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.97% during the next five years compared to 11.68% growth over the previous five years of trading.
Automatic Data Processing Inc (NASDAQ: ADP) Trading Performance Indicators
Here are Automatic Data Processing Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.41. Likewise, its price to free cash flow for the trailing twelve months is 28.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.36, a number that is poised to hit 2.30 in the next quarter and is forecasted to reach 10.89 in one year’s time.
Technical Analysis of Automatic Data Processing Inc (ADP)
Looking closely at Automatic Data Processing Inc (NASDAQ: ADP), its last 5-days average volume was 2.1 million, which is a jump from its year-to-date volume of 1.64 million. As of the previous 9 days, the stock’s Stochastic %D was 36.34%. Additionally, its Average True Range was 4.01.
During the past 100 days, Automatic Data Processing Inc’s (ADP) raw stochastic average was set at 92.20%, which indicates a significant increase from 65.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.11% in the past 14 days, which was lower than the 14.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $294.62, while its 200-day Moving Average is $262.78. However, in the short run, Automatic Data Processing Inc’s stock first resistance to watch stands at $306.29. Second resistance stands at $308.03. The third major resistance level sits at $310.44. If the price goes on to break the first support level at $302.14, it is likely to go to the next support level at $299.73. Now, if the price goes above the second support level, the third support stands at $297.99.
Automatic Data Processing Inc (NASDAQ: ADP) Key Stats
With a market capitalization of 125.23 billion, the company has a total of 407,457K Shares Outstanding. Currently, annual sales are 19,203 M while annual income is 3,752 M. The company’s previous quarter sales were 4,833 M while its latest quarter income was 956,300 K.
